Submission of Outcome of board meeting to consider Unaudited Financial result for the 03rd quarter ended 31st December, 2025
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Ashish Polyplast reported Q3 FY26 revenue from operations of Rs 446.58 lakhs, up about 26% from Rs 354.23 lakhs in Q3 FY25, driven by a rebound in PVC pipe sales. Net profit for the quarter swung to a profit of Rs 15.17 lakhs from a loss of Rs 7.18 lakhs in the year-ago quarter. However, on a nine-month basis, revenue declined roughly 11% to Rs 1,097.12 lakhs (vs Rs 1,235.35 lakhs) and PAT slipped to Rs 47.10 lakhs from Rs 64.64 lakhs. The auditor (M.R. Pandhi & Associates) issued an unqualified limited review report. Other income of Rs 11.13 lakhs in Q3 includes a Rs 11 lakh unrealised mark-to-market gain on mutual fund investments, separately disclosed in the notes.
Short-term positive sentiment likely from the sharp sequential recovery in Q3 sales and a return to profit, though the weak 9-month performance and reliance on non-operating MTM gains suggest underlying demand remains uneven.